Facebook Not Irreparably Damaged by Stock Dive, Says Analyst
Shares of Facebook plunged Thursday after its latest earnings report. But Jefferies analyst Brent Thill tells Cheddar the company won't suffer in the long term, particularly because Europe's new data rules are "great hygiene" to work out the kinks.
For full interview, [click here](https://cheddar.com/videos/facebooks-earnings-nightmare-could-be-short-term-says-jefferies).
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.